Vietnam - Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam - 2022
Contents:
- Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam (FOB) - 2022
- Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam (CIF) - 2022
- Exports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam
- Imports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam
Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam (FOB) - 2022
The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $0.6 per unit in 2022, picking up by 6.5% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. The export price peaked at $1 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($0.6 per unit) and the United States ($0.6 per unit), while the average price for exports to Malaysia ($0.6 per unit) and Canada ($0.6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-0.4%), while the prices for the other major destinations experienced a decline.
Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam (CIF) - 2022
The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $0.8 per unit in 2022, with an increase of 8.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($0.8 per unit) and Taiwan (Chinese) ($0.8 per unit), while the price for China ($0.8 per unit) and South Korea ($0.8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam
For the fourth year in a row, Vietnam recorded growth in shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by 14% to 15M units in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 56%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $8.8M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2,583 | 2,891 | 2,957 | 3,020 | 5.3% |
| Taiwan (Chinese) | 1,135 | 1,459 | 1,532 | 2,216 | 25.0% |
| Thailand | 760 | 873 | 814 | 1,378 | 21.9% |
| United States | 118 | 527 | 713 | 956 | 100.8% |
| Malaysia | 518 | 328 | 605 | 625 | 6.5% |
| United Kingdom | 233 | 264 | 231 | 147 | -14.2% |
| Germany | 131 | 169 | 111 | 61.2 | -22.4% |
| Others | 252 | 503 | 338 | 443 | 20.7% |
| Total | 5,730 | 7,013 | 7,301 | 8,845 | 15.6% |
Top Export Markets for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller from Vietnam in 2022:
- Canada (5.0M units)
- Taiwan (Chinese) (3.7M units)
- Thailand (2.3M units)
- United States (1.6M units)
- Malaysia (1.0M units)
- United Kingdom (0.2M units)
- Germany (0.1M units)
Imports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam
In 2022, approx. 2.2M units of paint, distemper, varnish or similar brushes, paint pads and rollers were imported into Vietnam; surging by 12% against the year before. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, imports of reached the peak figure at 2.3M units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $1.8M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 781 | 1,099 | 1,068 | 1,300 | 18.5% |
| South Korea | 278 | 197 | 191 | 323 | 5.1% |
| Japan | 273 | 166 | 132 | 105 | -27.3% |
| Germany | 74.7 | 50.6 | 33.0 | 26.6 | -29.1% |
| Taiwan (Chinese) | 76.3 | 83.2 | 40.2 | 24.8 | -31.2% |
| Others | 41.1 | 72.2 | 50.3 | 61.6 | 14.4% |
| Total | 1,523 | 1,668 | 1,515 | 1,841 | 6.5% |
Top Suppliers of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller to Vietnam in 2022:
- China (1563.9K units)
- South Korea (388.5K units)
- Japan (126.0K units)
- Germany (32.0K units)
- Taiwan (Chinese) (29.8K units)
This report provides an in-depth analysis of the market for paint, distemper, varnish or similar brush, paint pad and roller in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32911930 - Paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes
- Prodcom 32911950 - Paint pads and rollers
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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